Category: Food & Grocery Retailing
Food & Grocery Retailing market research reports by Euromonitor International
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Retail in Poland
Retail in Poland saw a rise in overall value sales in 2024, though growth was lower than that recorded in recent years. High interest rates on loans have affected the costs of debt financing and weakened demand for more expensive goods, such as consumer durables. The driving force of overall retail ... Read More
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Supermarkets in Italy
2024 was a relatively good year for supermarkets with the channel seeing an increase in the number of outlets as well as solid growth in current value terms. Sales benefited from more stable inflation which was accompanied by the return of increased promotional activity all of which encouraged consu ... Read More
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Supermarkets in Sweden
Supermarkets achieved healthy value sales in Sweden in 2024, thanks to the strengthening economy, with lower inflation, growing real wages, and improving consumer spending confidence. Value sales were slightly lower in 2024 compared to 2023, although this is attributed to lowering unit prices for go ... Read More
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Supermarkets in Colombia
Supermarkets have lost ground in Colombia’s grocery retail landscape amid growing competition from hard discounters, which gained share in 2024. Low single-digit value growth was driven by inflation while consumers shifted towards outlets offering more affordable everyday goods. To capitalise on thi ... Read More
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Retail in Belgium
Retail sales registered modest growth in current value terms in 2024. Growth was stronger in 2023 but this was largely fuelled by inflation. In 2024 prices started to stabilise although consumer purchasing behaviour was still affected by the inflation crisis. Indeed, consumers remained reluctant to ... Read More
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Retail in Argentina
Argentina’s retail industry in 2024 was impacted by economic and political developments in the country. After four years of populist economic policies, which left the Argentinian economy in bankruptcy, mired in hyperinflation and with depleted Central Bank reserves, Javier Milei was elected presiden ... Read More
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Supermarkets in Argentina
In Argentina’s supermarkets in 2024, Asian concept stores, as the main competitors to chained players, enjoyed a reversal of their previously poor performance. Towards the end of the review period, Asian concepts saw a continued deep crisis, resulting in some such supermarkets closing their business ... Read More
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Small Local Grocers in Canada
In 2024, small local grocers in Canada registered marginal growth in the number of outlets, while retail current value sales dropped, albeit moderately and for the first time in the review period. Small grocers continued to face significant challenges at the end of the review period, as they struggl ... Read More
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Small Local Grocers in the US
Despite maintaining marginal current value growth, small local grocers in the US faced an uphill battle in 2024, as rising prices and shrinking profit margins continued to erode the ability of many such outlets to compete. High inflation remained a persistent issue, driving up the cost of goods, whi ... Read More
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Retail E-Commerce in Canada
In 2024, retail e-commerce in Canada continued to see strong, if slower than in 2023, growth in current value sales. At the end of the review period, retail e-commerce remained a fast-developing and dynamic channel in the market. While the rates of retail value growth have slowed since the exponenti ... Read More
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Supermarkets in Bulgaria
With lower inflation and stabilising retail prices, consumer purchasing power began to gradually improve in Bulgaria in 2024, leading to positive constant value growth in the supermarket channel. As economic conditions became less volatile, shoppers started to focus not only on price but also on the ... Read More
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Supermarkets in China
Supermarkets remained one of the largest retail channels in the country in terms of value sales in 2024, behind only retail e-commerce and small local grocers. However, supermarkets experienced only low current value growth in China in 2024, reflecting stabilisation amidst shifting consumer shopping ... Read More
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Supermarkets in Belgium
More consumers returned to shopping in supermarkets in 2024 as prices stabilised and consumers became less conservative with their grocery spending. This enabled the channel to gain share from discounters, with the latter suffering from its image of offering lower quality products, albeit often at l ... Read More
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Supermarkets in Canada
In 2024, supermarkets in Canada continued to rebound from the downturn in the number of outlets in the wake of the Coronavirus (COVID-19) pandemic, albeit at a slow rate, to move into line with the 2019 figure. In retail current value terms, sales continued to rise, albeit only marginally following ... Read More
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Supermarkets in France
The supermarket sector in France saw both store numbers and current value sales stagnate in 2024. While lockdowns in 2020 and early 2021 briefly boosted their appeal - thanks to their proximity, smaller formats, and click-and-collect services - these advantages faded as inflation drove consumers tow ... Read More
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Health and Beauty Specialists in Argentina
Pharmacies experienced dynamic expansion in current value terms among health and beauty specialist retailers in Argentina in 2024. This growth was driven by a significant rise in medication prices since December 2023. During the first nine months of 2024, general inflation soared with triple-digit r ... Read More
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Retail in Bulgaria
Consumer confidence improves, but grocery price sensitivity remains high Euromonitor International's Retail in Bulgaria report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, super ... Read More
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Retail in the US
In September 2024, the US Federal Reserve lowered the federal funds rate for the first time since March 2020, signalling a near end to the inflationary macroeconomy. While inflation showed signs of abating, grocery prices remained on average about 25% higher than 2019 levels, according to the US Dep ... Read More
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Supermarkets in the US
Supermarkets experienced low but positive current value growth in the US in 2024. However, the performance was mixed amongst retailers, with mid-tier and regional players outpacing the channel growth overall, and offsetting near flat value growth for the leading players, Kroger Co and Albertsons Cos ... Read More
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Retail E-Commerce in Belgium
In the context of the inflation crisis, in 2023, consumers showed a tendency to frequent physical stores in search of promotions and lower prices, both in terms of grocery and non-grocery items. This trend, coupled with the added cost of home delivery resulted in only moderate growth for retail e-co ... Read More
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Supermarkets in Brazil
Despite only a marginal increase in outlet numbers in 2024, the current value growth of supermarkets in Brazil was significant, due to inflation on necessities such as grains, milk and dairy products, and coffee, amongst others. Low-income families had to limit themselves to purchasing these goods o ... Read More
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Supermarkets in Spain
Supermarkets in Spain saw falling sales in 2024. Inflationary pressure on grocery products persisted, prompting consumers to favour convenience stores, which are closer to their homes, and discounters that offer a wide selection of private label products at affordable prices. According to consumer b ... Read More
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Supermarkets in Finland
In line with the review period, in 2024, supermarkets remained the second largest retail channel in Finland behind hypermarkets in retail sales price (RSP) terms. While both channels registered growth during the review period, the gap between them has widened somewhat, with hypermarkets enjoying hig ... Read More
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Retail in Greece
Retail registered current value growth in Greece in 2024. Inflation had a significant impact on the market during the year, with prices constantly rising. As a result, consumers became more price conscious and chased low prices and offers. However, they were also looking for good quality and sustain ... Read More
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Supermarkets in Greece
Supermarkets saw current value growth in Greece in 2024, though the channel registered slower growth than either convenience stores or hypermarkets. Hypermarkets offer lower prices and wider product ranges than supermarkets, so they attract cost conscious and bulk buying consumers. Convenience store ... Read More